542 FIRST AVENUE N, Welland (N. Welland)

$474,900

For sale: Semi-Detached/Link

Semi-Detached/Link at 542 FIRST AVENUE N, Welland (N. Welland)
Property type
Semi-Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13816742
Neighbourhood
767 - N. Welland

Start making money on Day 1 of ownership! Fully rented and ALL tenants have already paid the full school term! ($3750/gross monthly income). TURN KEY, READY TO GO, INCOME PRODUCING INVESTMENT PROPERTY! Here are the details about the home: 6 bedrooms, 2 baths, 1 kitchen, 3 parking spaces, all windows are proper egress sized, steel doors on the bedrooms (lower level), 5/8" fire rated drywall in the lower levels, hard wired and battery operated interconnected Smoke and Carbon Monoxide Fire Alarms on all levels, plus sprinkler heads in the furnace room. Seriously.. this house is so close to the college, that some of the parking spaces are farther away from the school than this house is! Plus, it's on the bus route to Brock University and all the other surrounding schools. Perfect home for Niagara College AND Brock University Students!! Quick drive to HWY 406 and HWY 20. This is truly a smart investment for families and investors. Come see it today! (24 hours notice required - Tenant Occupied)

Sold data

Semi-Detached/Link homes in Welland (N. Welland) — recent sold market

Semi-Detached/Link homes in Welland (N. Welland) took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 61, across 59 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.

The median sale price was $499,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$499,900
Sale-to-list ratio
96.9%
Sold above asking
7%

Based on 59 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland (N. Welland)

Welland (N. Welland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland (N. Welland)

  • Plymouth — elementary, WellandFraser rating 10.0/10
  • Fitch Street — elementary, WellandFraser rating 8.1/10
  • Glendale — elementary, WellandFraser rating 8.1/10
  • Holy Name — elementary, WellandFraser rating 7.9/10
  • Quaker Road — elementary, WellandFraser rating 7.6/10
  • Diamond Trail — elementary, WellandFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 542 FIRST AVENUE N